February retail sales rebound despite harsh weather

10:21 PM,
Mar. 13, 2014

Retail sales rose in February.

Written by

Doug Carroll
Gannett

Retail sales rose in February, signaling strength in consumer spending despite extreme weather around the country last month.

Sales rose a seasonally adjusted 0.3 percent in February, the first gain in three months, the Commerce Department said Thursday. Excluding volatile sales of autos and parts, sales rose by the same percentage.

The results were slightly better than the 0.2 percent median forecast in Action Economics survey of economists. ...